enarhyazzh-CNzh-TWcsdanlettlfifrkadeelhihuisiditjakolvmsnofaplptruskslessvthtrukviyi

.........-----

translate arrow

search image top2

ACF 2020

 

ACF 2020

 

CMA CGM reinforces CITES procedures
The CMA CGM Group is reinforcing its procedures fo...

Read more

Qatar commits to transporting humanitarian aid free of charge
Qatar Airways Cargo is taking action like no other...

Read more

XELLZ plans Rosslare freezone
Dutch logistics company XELLZ has acquired 100.000...

Read more

SCG contracts Castor Marine for 4G connectivity
Shipping Company Groningen (SCG) has contracted of...

Read more

88% "very satisfied" satisfaction rating for Dunkerque
On June 25, the AUTF (*), the French shippers' tra...

Read more

Turkish Cargo increases market share to five percent
According to the data announced for May by the WAC...

Read more

Dunkerque awarded PERS certification
Dunkerque-Port has again been awarded PERS certifi...

Read more

AA to bring all LHR flights back online
From tomorrow American Airlines will begin provisi...

Read more

June outperforms May air cargo volumes
As PPE volumes faded, global air cargo volumes in ...

Read more

CMA CGM reinforces CITES procedures
Qatar commits to transporting humanitarian aid free of...
XELLZ plans Rosslare freezone
SCG contracts Castor Marine for 4G connectivity
88% "very satisfied" satisfaction rating for Dunkerque
Turkish Cargo increases market share to five percent...
Dunkerque awarded PERS certification
AA to bring all LHR flights back online...
June outperforms May air cargo volumes

 

United Cargo

 

Turkish Cargo

 

Amerojet

 

AA Cargo

 

PLA

 

Latest News

Christos NEW 1 copy
13 Jul, 2020

NAP joins forces with PLN

in News
Hong Kong based Neutral Air Partner (NAP), the global network of air cargo architects and…
A330 900 Delta
10 Jul, 2020

Delta Cargo partners with PayCargo

in News
Delta Cargo has partnered with online payment platform PayCargo and Unisys to offer…
TAPA Dashboard copy
10 Jul, 2020

TAPA partners with BSI

in News
The Transported Asset Protection Association (TAPA) has entered into a strategic…
United Denver
09 Jul, 2020

United Cargo partners with DSV on Pharma shipments

in News
United Cargo has partnered with DSV Air and Sea, a leading global logistics company, to…
Caribbean
08 Jul, 2020

Caribbean Airlines resumes commercial ops from Jamaica hub

in News
Caribbean Airlines has re-started commercial operations from its Jamaica hub into the USA…
American Airlines Miami
08 Jul, 2020

AA names Tyler president of cargo

in News
American Airlines announced that Jessica Tyler has been named President of Cargo and Vice…
Continental Cargo Carriers copy
07 Jul, 2020

RoRo specialist CCC celebrates two years since Europa acquisition

in News
Roll-on roll-off (ro-ro) specialists Continental Cargo Carriers (CCC) is celebrating its…
Bollore Logistics operates WARA air service for airbridge Europe West Africa copy
07 Jul, 2020

Bollore extends Africa cargo air bridge

in News
Bolloré Logistics is extending until 31 July 2020 its special weekly cargo freight…
Emirates 787 9
06 Jul, 2020

Emirates SkyCargo back to 100 destinations

in News
Emirates SkyCargo will be operating scheduled cargo flights to 100 destinations across…

AMSTERDAM: January 31, 2018. According to the latest data from analyst WorldACD, global air cargo yield, including charges, reached US$2.05 by December 2017, 2.5 percent above November and 23.5 percent higher than the same month a year earlier:

"December 2017 saw a year-over-year (YoY) growth of 4.5 percent in worldwide air cargo volumes. Main contributors were the origin regions of Asia Pacific (plus 8.0 percent) and North America (plus 5.1 percent). Europe's growth was 2.2 percent only, whilst air cargo originating in Africa contracted by 7.5 percent.

"MESA (Middle East & South Asia) and Central & South America saw an increase in step with the worldwide average. It was Europe that grew most as a destination (plus 6.8 percent). Yield developments, however, drew most of the attention: Worldwide yields were up by 10 percent YoY, measured in €, and by a whopping 23.5 percent in US$.

"Compared to November, US$ yields rose by 2.5 percent, another noteworthy feature, as yields usually drop between November and December.

"For the four quarter as a whole, YoY volume growth was 6.6 percent, impressive in the light of the fact that air cargo - after years of a lackluster performance - started to grow again from September 2016. Of course, this fact made it more difficult for the industry to record strong year-over-year volume growth figures in the latter part of 2017. However, that difficulty did not stand in the way of serious revenue growth for the airlines in Q4, as yields in US$ started to grow with double-digit percentages from September 2017. "Capacity shortages in a number of markets, rate-of-exchange fluctuations, and rising oil prices all had a role to play in the resulting worldwide airline revenue growth of over 25 percent in the last quarter of a truly remarkable air cargo year.

"We can safely call 2017 a real bumper year. Many records were broken, and most signs remained on green for almost the entire year. Yet, the year was no different from other years in the sense that 2017 also knew winners and losers: Origin & Destination cities, sectors and companies that grew, others that lagged behind. Here is our top level YoY overview:

"While general cargo increased by 10.5 percent, specific cargo products grew 7.4 percent, making for an overall volume growth of 9.6 percent or 10.8 percent in Direct Tonne-Kilometers (DTK). Yield improvement in US$ was also larger in general cargo - plus 9.4 percent versus plus 5.9 percent.

"The categories with the highest volume growth were Valuables & High Tech., Pharmaceuticals and Flowers, with US$-yield increases of 8.0 percent, 5.4 percent and 1.0 percent respectively.

"The Top-20 forwarders in the world remained an exclusive club in 2017, not allowing new members to join them, and their expansion was in line with the overall market growth although the Top-5 - DHL Global Forwarding, Kuehe + Nagel, DB Schenker, Expeditors Int'l and Panalpina as a group outgrew their colleagues with rises of 16 percent versus 14 percent.

"GSA's fared best in the Asia Pacific region with volume growth of 15 percent followed by Europe at 12 percent and MESA 11 percent.

"Of the 50 largest origin cities, four recorded increases of well over 20 percent: Hanoi led at 25.5 percent followed by Brussels, Colombo and Ho Chi Minh City. Hong Kong remained the No.1 origin point, expanding at 16 percent.

"Of the Top 10 origin points, Amsterdam and Los Angeles showed slightly less growth than the worldwide average. Among the largest destinations, Doha, leading with 42 percent, Shanghai, Osaka, Hanoi, Mexico City, Chennai and Campinas (São Paulo) all grew their incoming volumes by more than 20 percent.

"The shares of total business for the individual airline groups remained reasonably stable with the exception of airlines from Africa. While business from their region lagged behind, their overall growth was much higher than the growth realized by other groups. Carriers based in Asia Pacific grew a bit more than average in 2017, while airlines based in Europe, the Americas and MESA lagged behind, albeit only slightly, thus giving up a tiny part of their overall share of the pie.

"With positive trends continuing throughout the past year, the big question is of course how long all this will continue. As Mark Twain reportedly once said, it is difficult to make predictions, particularly about the future."

Just-released IATA figures show that 2017 demand, measured in freight tonne kilometers (FTKs), grew by 9.0 percent overall – more than double the 3.6 percent rise for the previous 12 months. Meanwhile capacity rose 3.0 percent in the same period, the slowest increase since 2012, suggesting one explanation for the "remarkable" WorldACD data – FW.

WorldACD_Air_Cargo_Market_Data.pdf

OUTNOW

Corporate News

freightHub2020 BannerSMALL

digital-magtwitter-fw1utube-fw2loinked-fw3

- powered by Quickchilli.com -